Update on The NED’s director ratings

Update on The NED’s director ratings

The director classification and ratings, that were announced in September’s issue, have begun to be put into operation this month.

The NED has been in contact with leading independent fund directors, across multiple jurisdictions, to see if they would like to be included in the database that is being built for fund board selectors. The initial response has been encouraging. By early to mid November The NED will have processed the applications that we have received for inclusion in the database.
 
Once that process has been completed The NED will be in touch with fund board selectors. It will be promoting its Selection Intelligence Service (SIS) which, at its core, includes access to its database of independent directors. This will be the only database of fund directors in the business who are experienced, have available capacity and are truly independent – as well as one that has been compiled by an objective third party.

To read more on this please see the October issue of The NED.

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